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1000(1-0.08)(1+x-0.011)^5=1000(1+0.05)^5
We move all terms to the left:
1000(1-0.08)(1+x-0.011)^5-(1000(1+0.05)^5)=0
We add all the numbers together, and all the variables
1000(0.92)(x+0.989)^5-(1000(1.05)^5)=0
We add all the numbers together, and all the variables
1000(0.92)(x+0.989)^5-1276.2815625=0
We multiply parentheses ..
1000(+0.92x+0.90988)^5-1276.2815625=0
We add all the numbers together, and all the variables
1000(0.92x+0.90988)^5-1276.2815625=0
We move all terms containing x to the left, all other terms to the right
1000(0.92x+0.90988)^5=1276.2815625
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